Retail

Canada’s best Mastercard credit cards 2019

As one of the top credit card processors in the world, Mastercard is both extremely popular and also nearly universally accepted. For those already banking at BMO Bank of Montreal, a major Canadian bank that associates with Mastercard, these cards may offer all the perks you’re after along with o ...

Tech Talk for Wednesday July 17th 2019

Pre-opening Comments for Wednesday July 17th U.S. equity index futures were mixed this morning. The S&P 500 futures were up one point in pre-opening trade. Index futures were virtually unchanged following release of June Housing Starts at 8:30 AM EDT. Consensus was a slip to 1.262 million units fro ...

Regularly Restocking The Rack

Retail can be a hard game, as the vast majority of retail stocks are in significant downtrends. However, there are a few that continue to perform. I like the price action on Lululemon (LULU) as it continues to expand the component of men's wear and broaden out the clothing lineup in their stores.  ...

Get 4.4% yield from North West Co. specialized in remote areas

Improved same-store sales across Canadian and international markets, plus the addition of new stores, led to a 6.2% sales jump for this retailer in the most-recent quarter. A recovering mining industry—plus government’s local investments—continues to boost consumer spending and this 30-year d ...

Tech Talk for Tuesday July 16th 2019

Pre-opening Comments for Tuesday July 16th U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points in pre-opening trade. Index futures were virtually unchanged following release of June Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.5 ...

Canada’s Best Aeroplan Credit Cards

Now that Air Canada has acquired the Aeroplan loyalty program—and announced that it will be replacing Aeroplan with something new in 2020—we know that credit card offerings will be changing in the future, too. In the meantime, Air Canada has promised it will be business as usual when it comes ...

Tech Talk for Monday July 15th

Pre-opening Comments for Monday July 15th 2019 U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. China announced second quarter GDP. Rate of growth on a year-over-year basis dropped to 6.2%, lowest rate of growth in 22 years. Boeing dropped ...

July PrefLetter Released!

The July, 2019, edition of PrefLetter has been released and is now available for purchase as the “Previous edition”. Those who subscribe for a full year receive the “Previous edition” as a bonus. PrefLetter may now be purchased by all Canadian residents. Until further notice, the “Previou ...

Gold is Doing Better Than The World's Major Currencies

Editor's Note: This article was originally published in John Murphy's Market Message on Friday, July 12th at 11:39am ET. Gold is more than just a commodity. Gold is sometimes also viewed as an alternate currency. When global traders lose confidence in their currency, they often turn to gold as ...

Alberta’s coal phaseout: can wind replace coal?

Last time I started to unpack the inherently dismal performance and underlying economics of wind power in Alberta. The whole reason Alberta has started this dysfunctional relationship with wind is because it has a dream that wind will somehow replace coal for electricity generation. This dream is s ...